Skip to content
⌘K

P2 Gold Inc.

PGLD (TSXV)GoldDeveloper
Price-|MCap$251.7M
P2 Gold Inc.· Jun 18, 2026· United States

Sullivan pit-design drilling identifies room for down-dip resource growth

Five diamond holes drilled around the proposed Sullivan open pit at Gabbs all intersected gold-copper mineralization, indicating that the zone continues below the current pit and resource model. GBD-008 returned 140.21 metres at 0.50 grams per tonne gold and 0.27% copper, including 24.38 metres at 0.93 grams per tonne gold and 0.49% copper. GBD-010 cut 123.44 metres at 0.38 grams per tonne gold and 0.18% copper.

P2 plans 7,500 metres of reverse-circulation drilling in 27 holes to test the down-dip extension, alongside 15,000 metres in 65 holes targeting shallower mineralization in western Lucky Strike. Management estimates that Sullivan's main and footwall mineralized bodies may have a combined thickness of as much as 175 metres. The additional drilling is planned for inclusion in the feasibility-study resource estimate, with the full feasibility study still targeted for the fourth quarter of 2026.

Summary written by Stream Markets based on the original announcement. Facts only; phrasing is ours. For the definitive record, see the original source. How we source data